03/12/2013
FSA's Wheatley Says Concerned by Wealth-Management Review
Wheatley, who will lead the FCA, said he will set up a wealth-management supervision department to increase oversight.
03/12/2013
Sovereign wealth funds to hit record $5.6 trln by year end
"Non-commodity funds are capturing an increasing share of SWFs' assets, a trend that is likely to continue."
03/12/2013
Revenues rose by 23% to £31.46m and the interim dividend of 6.5p per share is 8% up on last time.
03/12/2013
Feeney will join the Old Mutual group executive committee from 1 April alongside Ralph Mupita who is chief executive of Old Mutual Emerging Markets and Carlton Hood, group customer director.
03/11/2013
Wealth managers weather RDR pressures to post record growth
A pick-up in the markets contributed to growth in underlying assets."
03/11/2013
Brooks Macdonald plans Midlands office
The Midlands represents the last remaining geographical gap for the business, which has recently gained a presence in the Channel Islands after acquiring Spearpoint.
03/11/2013
Lloyds Bank Sells Part of Stake in Wealth Manager
The move comes just weeks before the Bank of England is set to outline the scale a multi-billion pound capital shortfall for U.K. lenders.
03/11/2013
Almost two-thirds of London bankers think they were underpaid last year and half believe they have been treated unfairly.
03/11/2013
This transaction is expected to result in an exceptional accounting gain of approximately CHF 37 million in EFG International's 2013 financial statements.
03/11/2013
Overall income on assets increased 9% to £36m, corresponding to an improved revenue margin on total assets of 84 basis points, the group said.
03/11/2013
After a series of talks the investment bank has now whittled down the list of interested suitors to just one.
03/11/2013
‘It is a pure, non-advised execution-only service for clients, and we will not be trading our own book.’
03/11/2013
The Italian wealth manager said last week that it’s reviewing a report by the Bank of Italy into the reserves it set aside for deteriorating credits that are backed by real estate.
03/10/2013
Winners will be announced at a ceremony taking place on 2nd May 2013 at the Royal Courts of Justice.
03/10/2013
"They realise that they need to invest their money in something where it will beat inflation."
03/10/2013
The group reports that 53% of its HNW clients - who each have investable assets of more than £1m
03/08/2013
Raiffeisen is interested in the unit's private and corporate business
03/07/2013
Underlying profit of € 2.0 million in difficult market conditions
03/06/2013
Will RBS sell Coutts?
Sir Mervyn King has suggested splitting RBS in two.
03/06/2013
Expectations low for UBS bankers awaiting bonus awards
Staff in UBS's investment bank waiting to be told by their boss what they have earned expect to be particularly hard hit.